Gold prices stabilized in Saudi Arabia, during today’s trading, Sunday, May 9, 2021, in quiet trading.
Today and yesterday a holiday in the global gold exchanges.
The price of a gram of 24 carat gold in the Kingdom remained at 220.64 riyals ($ 58.84).
The price of a gram of 21 carat gold (the most traded in the Kingdom) was stable at 193.06 riyals ($ 51.48).
The price of a gram of 18 carat gold in Saudi Arabia remains at 165.48 riyals ($ 44.13).
The price of a gram of 14 carat gold in Saudi Arabia was stable at 128.70 riyals ($ 34.32).
An ounce and a pound of gold
The price of an ounce of gold in the Kingdom was 6,866.25 riyals ($ 1831).
The price of the pound of gold (8 grams of 21 carat) settled at 1,544.45 riyals (411.85 dollars).
And gold rose at the last close (last Friday) 0.84% to 1830.41 dollars an ounce.
The yellow metal gained 3.5% over the course of the past week.
And US gold futures rose 0.9% to determine the settlement price at $ 1831.30.